07:11 AM EDT, 08/02/2026 (MT Newswires) -- Italy's finance ministry is looking to divest its remaining 4.9% stake in Banca Monte dei Paschi di Siena (BMPS.MI) by September-end, Bloomberg News reported Sunday, citing Italian newspaper La Stampa. As Intesa Sanpaolo (ISP.MI) advances its takeover offer for the fellow Italian lender, the government of Italy wants to hold a neutral position, an unnamed ministry official told La Stampa. Italy's Ministry of Economy and Finance and Monte Paschi did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.